FSA assists beginning farmers and or members of socially disadvantaged groups to finance agricultural enterprises. Under these designated farm loan programs, FSA can provide financing to eligible applicants through either direct or guaranteed loans. FSA defines a beginning farmer as a person who:
Has operated a farm for not more that 10 years
Will materially and substantially participate in the operation of the farm
Agrees to participate in a loan assessment, borrower training and financial management program sponsored by FSA
Does not own a farm in excess of 30 % of the county’s median size.
Additional program information, loan applications, and other materials are available at your local USDA Service Center. You may also visit www.fsa.usda.gov